Trading Strategies For Trending Markets - Part 3

Trading Strategies For Trending Markets

In episode 64 of the Desire To Trade Podcast, I decided to discuss a very popular topic: defining a trading strategy. I recorded a 3-part Guide To Forex Trading Strategies so we can set you up with a plan as soon as possible.

Part 1 is available here!

Part 2 is available here!

I've seen a lot of traders trading with absolutely no plan expecting they would succeed, so I want to make sure I address this topic.

In fact, you've probably already heard the saying "trading is simple but not easy", right? Well, it is when you have a plan and a strategy to execute on.

I agree that executing on that plan will be the hardest part, but we have to cover things step-by-step here.

In Part 3 of the Guide To Forex Trading Strategies, I'm explaining how to trade in a trending market. That can be a highly profitable type of trading, especially due to the fact that trends are usually strong in the Forex market.

  What's Covered In This Episode?

• How to identify a trend
• What areas you can consider trading in a trend
• The indicators that can help you trade pullbacks/retracements
• What to expect in trend trading
• Keys to make any trading strategy more profitable
• And much more!

What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group!

Resources

• One book to read: Stan Weinstein's Secrets For Profiting in Bull and Bear Markets
• Another book: Technical Analysis for the Trading Professional
• My lesson: The Exclusive Lesson: Understanding The Market

DesireToTRADE's Top Resources

• DesireToTRADE Forex Trader Community (free Facebook group!)
• Complete Price Action Strategy Checklist
• One-Page Trading Plan (free template)
• DesireToTRADE Academy

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